PRGX

[cc1120]

Sorry, the 2 links re post again.



http://www.knobias.com/individual/public/news.htm?eid=3.1.a8384111f7f0d06cf9eab3dcf8dd81e03b63599eaa7913a40600d554daf59b3b


Audit Contract for State of California Medicare

On March 29, 2005, the Company announced that the Centers for Medicare & Medicaid Services (CMS), the federal agency that administers the Medicare program, has awarded the Company a contract to provide recovery audit services for the State of California's Medicare spending. California spends over $23 billion on Medicare disbursements annually. The three-year contract was effective on March 28, 2005. To fully address the range of payment recovery opportunities, the Company has sub-contracted with Concentra Preferred Systems, the nation's largest provider of specialized cost containment services for the healthcare industry, which will add its clinical experience to the Company's expertise in recovery audit services.

The contract was awarded as part of a pilot program by CMS to recover overpayments on behalf of taxpayers through the use of recovery auditing. The Company began to incur capital expenditures and employee compensation costs related to this contract in the first nine months of 2005. Such capital expenditures and employee compensation costs will continue to be incurred in advance of the first revenues to be earned from the contract. The Company believes this contract represents a large opportunity to solidify its presence in the growing healthcare recovery audit sector and will prove to be beneficial to future earnings.

Medicare is the second largest Federal benefit program and represents over $250 billion in annual benefit outlays. Combined with Medicaid, the two programs constitute the largest single purchaser of healthcare in the world and 33 cents of every dollar spent on healthcare in the United States. A provision in the Medicare Prescription Drug Improvement, and Modernization Act of 2003 (MMA, P.L. 108-173) required the Department of Health and Human Services (HHS) to conduct a demonstration project to evaluate the use of recovery audit contractors in identifying Medicare underpayments and overpayments and to recoup overpayments. The section allows HHS to pay the recovery audit contractors on a contingency basis.

[stocks2watch2]

Bought 10,000 @ .75. I think PRGX will make another run over 1.00 soon. Theres been a lot of volume, it has a lot of attention.   cc1120 applaud for a good pick, looks like some of you made out pretty good on it.

[cc1120]

31k @ .70 Prgx  hopefully second run next week and this time she will stay above 1 dollar.

GLTA and have a nice weekend.

[cc1120]

Prgx new 8-K


http://biz.yahoo.com/e/051202/prgx8-k.html

[cc1120]

Prgx tecnical analysis,  12/02/2005


BULLISH  Probability - Intermediate trend bullish, Unsustainable downtrend, may turn sideways.
Probability - 1 Day Price change extreme down, may pause/reverse
Probability - Extreme Oversold, odds definitely favor long trades.
Probability - Short term strong pullback, pullback may start to slow.
Confirmation - Extreme 3 day distribution, but when the stock is oversold this is considered bullish.
Confirmation - Extreme bearish 1 day moneyflow, on an strong-extreme pullback is considered bullish.
 

  BEARISH  Confirmation - Strong bearish 3 day chart pattern.
Confirmation - CONFIRMED breakdown below 0.74, no support in area just below.
 

  SUMMARY  4 bullish probability indicators.    3, 
2 bullish confirmation indicators.   Very Mild Outperform, short term (1-6 wks)

----   65%, Bullish
2 bearish confirmation indicators.   35%, Bearish


  GLTA

[cc1120]

Prgx should be doubled up another 100 % next week, because of this news:
(Sunday 12/04/2005) StarMine 11:40am

http://finance.yahoo.com/q/h?s=PRGX

GLTA

[Terliso]

Prgx should be doubled up another 100 % next week, because of this news:
(Sunday 12/04/2005) StarMine 11:40am

http://finance.yahoo.com/q/h?s=PRGX

GLTA

Low volume in the past 2 trading days i'll consider it a profit taking.. (always buy @ the pullback) well, i guess we will it see tomorrow what PRGX can bring..

[wrangler]

Terlisa
Here's some more from starmine
Stock Research   Top Analysts for
Research Summary   All Periods   Earnings History   Recommendations   PRGX    Commercial Services &...
 
PRGX: Prg-Shultz Intl Inc (Commercial Services & Supplies) Research Summary 

Estimates Summary (FQ 12-05)
Consensus $ 0.03   
SmartEstimate® $ 0.06   
Predicted Surprise > +30.0%   
Low : High $-0.01 : $0.06   
Total Analysts 2   
Expected Report Date 01-Mar-06   
What are SmartEstimates?

Analyst Revisions Summary
30 day consensus change + 50.0%   
0 out of 2 Estimates are New or Revised   
     Since Last 30 Days   

There is no recent RevisionCluster for this security
What is a RevisionCluster?
  Earnings Estimates Trends

Interpreting StarMine Charts
Recent Bold Estimates by 5-Star Analysts 
There are no recent bold estimates for this security.
What is a Bold Estimate?
  gives investors detailed, analyst-by-analyst estimates for stocks, alongside each analyst's track record.
See Sample Screen from StarMine Professional  Learn more

Estimate Summary (All Periods)
  This
Quarter Next
Quarter This
Year Next
Year

Surprise/Revision Predicted     
Recent Bold Estimates by 5-Star Analysts         
Recent Analyst Revisions         

30 day Consensus Change  + 50.0%      -       + 11.1%        -33.3%     
7 day Consensus Change   0.0%      -        0.0%        0.0%     


Earnings Growth
  Last
5 Yrs
This Yr
Next Yr Next
5 Yrs This Yr
P/E This Yr
P/E/G F12M
P/E F12M
P/E/G

SmartEstimate —       NA       NA       —       NM      NM      6.1     0.45     
Consensus -9%      NA       NA       14%     NM      NM      12.3     0.90     

Top Analysts — Earnings Accuracy
  Analyst Broker     Rating

Thompson, Thatcher CIBC World Markets Corp. 
Swindle, Patrick Avondale Partners LLC 

View full list

[cc1120]

Prgx hopefully on Monday we could see it like this

http://www.candlestickchart.com/indicators/2126.html

With the SEC. Form:SC 13D, Received: 11/30/2005. Read (2.AMENDMENT TO RIGHTS PLAN) it allows the lenders to buy up to 5,784,675 share on the open market. The agreement will be signed in the next few days but no latter than 12/9/05. As of right now no insider is allowed to buy the stock. But because they gave the company the bridge loan the company is allowing them to buy up to 5,784,675 shares. The lender Blum and Associates already own 9,287,073 of common stock and Convertible Notes that equal 4,651,939 share of common stock and are part of the AD HOC COMMITTEE. The agreement also state the lenders cannot use this stock for a buyout of the company. When they start buying I believe this stock will go over TWO DOLLARS!

GLTA

[cc1120]

Prgx up 20% in first 15mins after opening market. Go! Go!

GLTA

[cc1120]

Prgx tecnical analysis 12/05/2005

http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=prgx#ttop

[cc1120]

Blum buying shares today?

If so,this is a good indicator that there will be a PR within the next week or so that will suddenly gap PRGX straight past $1 again into the $1 - 2  range. I hope so.


http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7083630&tid=prgx&sid=7083630&mid=9212

GLTA

[Kublakhan]

Any guesses as to where this will bottom out?

I got in at .72  - probably a bit too early.

I'll watch tomorrow to see if it's worth selling now and buying back at a lower price.

[cc1120]

12/05/2005

For PRGX, the charts and moving averages are all out of whack,  It can only be speculation right now and the Pr coming out any time, I just hold my 31K @70, because CDRG covered at 66c twice , Friday and today. Friday and today's action are  pretty smilar.I don't think Prgx will
drop any further but should be doubled up another 100% very soon.

GLTA
 

[cc1120]

Adding 21K @.61 ,there is no reason Prgx drop  lower than 60c .
waiting for PR coming out anytime.

GLTA